Index Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
NASDAQ DEVELOPED MID-CAP TRUST INDEX (NASDAQ:NQDMMCT)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NQDMMCT
The long term trend has been UP since Dec 7th, 2016 at 1548.66
The intermediate term trend has been UP since Jul 14th, 2017 at 1734.43
The short term trend has been UP since Jul 11th, 2017 at 1715.40
Smart Scan Analysis for NQDMMCT
Based on a pre-defined weighted trend formula for chart analysis, NQDMMCT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1759.21||52wk High Date||2017-07-19|
|52wk Low||1459.32||52wk Low Date||2016-11-04|